XOM - Exxon Mobil Air Liquide Team Up For Clean Hydrogen Project: Details | Benzinga
Exxon Mobil Corporation (NYSE:XOM) inked a deal with Air Liquide (OTC:AIQUF) to produce low-carbon hydrogen and low-carbon ammonia at its Baytown, Texas facility.
In collaboration with Air Liquide, ExxonMobil aims to facilitate the development of a low-carbon hydrogen market along the U.S. Gulf Coast, assisting industrial customers in reducing their carbon footprint.
As per the terms, the deal will allow low-carbon hydrogen to be transported via Air Liquide’s existing pipeline network.
Air Liquide will ...